Crowdfunding Gets More Crowded

By Sean J. Miller, A new crowdfunding website targeting indie filmmakers wants to lure projects in development with the promise of online promotion and other services.

Filmmakers can already partner with established sites such as Indiegogo (with whom Backstage has a partnership) or Kickstarter to crowdfund their campaigns. In fact, the latter’s reach will be felt this summer when Zach Braff’s “Wish I Was Here” opens in theaters: The feature received more than $3.1 million in funding from 46,520 supporters through Kickstarter.

ICFFF

Edward Panos, who co-founded IndieFilmFunding.com with his niece, Stephanie Lee Panos, said that those existing crowdfunding platforms have too broad of a focus.

“The difference between us and them,” he said, “is that we’re focused on the indie film market. We’ve gone out and focused our social media on industry people. It’s starting to pay off.”

IndieFilmFunding.com, which is based in Park City, Utah, takes a more aggressive approach to promoting its projects than its competitors, said Panos.

77863logo-200x39

“If you launch an indie film on Indiegogo or Kickstarter, you’re going to get caught up in the mix. You’re going to be next to some guy who’s trying to get funding for his broken leg. All they do for you is they provide a platform and you have to do the rest,” said Panos. “I’ve had indie filmmakers come to me just screaming that they’ve launched something on Kickstarter and Kickstarter doesn’t do anything to support it.”

Source and read more
http://www.backstage.com/news/crowdfunding-gets-more-crowded/

Tags: , , , ,

HEADLINE NEWS

More Indiana teachers turn to crowdfunding to purchase classroom supplies  FOX 59 IndianapolisINDIANAPOLIS, Ind. - The average teacher spends more than $400 of their own money each year on school supplies. That's why more and more teachers are ... [...]

Crowdfunding your Product on Kickstarter or Indigogo: The Pros and Cons  China Law BlogThe Quality Inspection Blog did a really good post, entitled Pros and Cons of Crowdfunding (Kickstarter/Indiegogo) for Startups, explaining (yeah, you. [...]

PieShell, a Crowdfunding Platform for Food Innovation, is Shutting Down  The SpoonFood crowdfunding site PieShell is shutting down. The news was shared publicly today by company CEO and founder Cheryl Clements via an open letter on ... [...]

Iran bans non-official crowdfunding appeals after deadly flash floods  Euronews EnglishAuthorities said on Monday that they have closed 60 crowdfunding campaigns, mostly set up by celebrities, and that donations can only be made through official ... [...]

misterb&b hits the equity crowdfunding trail to expand into hotels  TechCrunchHomosexuality is illegal in a third of the counties on this planet; in eight countries it is punishable by death. In the febrile atmosphere of today's politics, ... [...]

Only 2 days remaining for CHUWI AeroBook crowdfunding campaign  Gizchina.comCHUWI's laptops are always bringing to the table extreme price/performance ratio and the new CHUWI AeroBook is no different. [...]

Game studio behind ‘Myst’ launches crowdfunding campaign for VR-enabled adventure ‘Firmament’  GeekWireCyan, the Spokane, Wash-based studio behind the Myst franchise and its spiritual successor, Obduction, began a new crowdfunding campaign today for their ... [...]

PrepayWay – A Swiss FinTech Holding Announces Start of Equity Crowdfunding Campaign  NullTXMarch 21st, 2019, Switzerland – People from different parts of the globe have an opportunity to contribute to the equity of the Swiss-Estonian startup using ... [...]

LEGO’s first crowdfunding experiment: FORMA 81000 Koi Model Super Box [Review]  The Brothers BrickLEGO FORMA is the company's first foray into crowdfunding. It is described as an “experience designed for adults looking for a fun and engaging way to ... [...]

OddFellows Kicks off Equity Crowdfunding Campaign - Restaurant News  QSR magazineIn keeping with their humorous and nostalgic positioning, in tandem with the campaign OddFellows has launched a cheeky hotline of 1-866-4ICE-CREAM. [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |